Cristal Global has announced a partnership with Outotec, a provider of sustainable minerals and metals processing solutions. The parties signed a Letter of Intent on October 31, 2011.
Outotec has been selected to build a fully scalable ilmenite-processing plant for Cristal Global in Yanbu, Saudi Arabia, estimated to become operational in Q4 2013. The plant will be constructed on a turnkey basis; will require 800,000t of ilmenite ore to produce 500,000t of 85% TiO2 slag with 235,000t of high purity pig iron as a valuable co-product.
The smelter’s location brings significant cost savings and operational synergies, due to the logistics, cost savings and abundant power capacity in the Kingdom of Saudi Arabia.